---
schema_version: "secwatch.filing_event.v1"
accession: "0001584207-23-000014"
form_type: "8-K"
ticker: "OMF"
cik: "0001584207"
company_name: "OneMain Holdings, Inc."
filed_at: "2023-04-25T23:59:59+00:00"
generated_at: "2026-06-16T16:18:24.925127+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# OneMain Q1 diluted EPS $1.48 vs $2.38 YoY; net charge-offs rise to 7.72%

## Summary
- Diluted EPS $1.48, down from $2.38 in prior year; net income $179M vs $303M.
- Managed receivables $20.6B, up 6% YoY; personal loan originations $2.8B, down 5%.
- Net charge-offs 7.72% (annualized) vs 5.58% prior year; provision for losses $385M, up $148M.
- Declared quarterly dividend $1.00 per share, payable May 12, 2023 to holders of record May 5, 2023.
- Repurchased 683k shares for $27M in Q1.

## SEC filing metadata
- accession: 0001584207-23-000014
- form_type: 8-K
- ticker: OMF
- cik: 0001584207
- company_name: OneMain Holdings, Inc.
- filed_at: 2023-04-25T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1584207/000158420723000014/0001584207-23-000014-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1584207/000158420723000014/omf-20230425.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001584207-23-000014
- JSON: https://secwatch.observer/filing/0001584207-23-000014.json
- Plain text: https://secwatch.observer/filing/0001584207-23-000014.txt

## Key facts
- Earnings Releases
  OneMain Holdings, Inc. reported fiscal quarter ended March 31, 2023 results: net income $179 million, EPS $1.48.
  - Period: fiscal quarter ended March 31, 2023
  - Net income: $179 million
  - EPS: $1.48
  - Result: reported results
  source text: OneMain Holdings, Inc. (NYSE: OMF), the leader in offering nonprime customers responsible access to credit, today reported pretax income of $235 million and net income of $179 million for the first quarter of 2023, compared to $399 million and $303 million, respectively, in the prior year quarter. Earnings per diluted share were $1.48 in the first quarter of 2023, compared to $2.38 in the prior year quarter.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1584207/000158420723000014/0001584207-23-000014-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.